en
Back to the list

Bitcoin holds steady as Consumer Price Index data comes in as expected

source-logo  cryptoslate.com 12 January 2023 10:39, UTC
image

The release of December 2022’s Consumer Price Index (CPI) data showed inflation at 6.5% year-on-year (YoY). This came in the same as estimated.

Bitcoin initially dropped 1.4% on the news before recovering. As of press time, it was trading at $18,152.

app-logo

Know when your
coins move

Alerts, real-time prices, and market news — all in one app
4.8 based on 40K reviews in the App Store and Google Play

"
cryptoslate.com